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1955 (4) TMI 41 - MADRAS HIGH COURT
Extract:
.......diency, and in order to facilitate the carrying on of the business." Even necessity for the expenditure does not enter this test. The question referred to us is answered in the negative and in favour of the assessee. The assessee will be entitled to the costs of this reference. Counsel's fee ₹ 250. Reference answered in the negative.